From the Democratic Whip Press Shop:
Add the International Monetary Fund to the list of economists, business leaders, and Wall Street executives warning of the damaging consequences of not paying America’s bills:
“The U.S. should raise its $14.3 trillion debt ceiling to avoid ‘a severe shock’ to the global economy, the International Monetary Fund has warned.”
From the Democratic Whip Press Shop:
Today, Federal Reserve Chairman Ben Bernanke warned against undermining our economic recovery by drastically cutting spending too quickly. Democrats agree with Republicans that we must reduce spending but we also have to ensure that spending cuts don’t harm the economy and impede job creation.
From the Democratic Whip Press Shop:
Wanted to make sure you all saw this editorial in the New York Times this morning.
Key Point: Leading Republicans — after proposing to gut Medicare — are still trying to pose as the program’s saviors. How cynical can they get?
From the Democratic Whip Press Shop:
Wanted to be sure you saw this comment from Pacific Investment Management Co. manager Bill Gross, calling on the government to support job creation and shift our focus to manufacturing. While the Republican agenda has been thin on jobs, Democrats hope moving forward they’ll work with us on our Make It In America agenda, particularly bills that passed last Congress with bipartisan support.
From the Democratic Whip Press Shop:
We hope House Republicans were paying attention to the ethanol vote in the Senate today, as 73 Senators—including 33 Republicans—voted to end these tax breaks.
That’s 33 Republican Senators who finally agreed that the tax code is not off limits when looking to restore fiscal discipline.